Basic net income per share is calculated by dividing net income by the weighted average number of shares of common stock outstanding for the period. Diluted net income per share is calculated by dividing net income by the diluted weighted average number of shares of common stock outstanding for the period. For purposes of this calculation, outstanding stock options, RSUs and PSUs are considered potential dilutive shares of common stock. The following is a computation of basic and diluted net income per share (amounts in thousands, except per share amounts):


	For the three-month periods ended				For the six-month periods ended
	June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
Numerator:
Net income	$	27,025	$	13,906	$	32,218	$	2,734
Denominator:
Weighted average shares of common stock outstanding (1), basic		200,968		192,600		197,819		192,420
Net income per share, basic	$	0.13	$	0.07	$	0.16	$	0.01

Weighted average shares of common stock outstanding (1), diluted		210,442		196,869		206,763		196,274
Net income per share, diluted	$	0.13	$	0.07	$	0.16	$	0.01
Dilutive securities outstanding not included in the computation of diluted net income per share, as their effect is antidilutive:
RSUs		70		1,478		70		1,478
PSUs		-		-		-		-
Stock options		3,206		13,088		3,206		13,088

(1)

The calculation of weighted average shares of common stock outstanding includes all vested deferred restricted stock units.